Gold and real rates divergence could signal a big move in gold

FXStreet/Ryan Miller

“Over the last ten years, there have been several instances when the divergence between gold and real rates have resulted in big moves up in the price of gold in a short time span, which we are going to now take a look at.”

USAGOLD note:  Miller goes on to present a series of charts to make his point and concludes the “recent weakness in gold is nothing more than a correction before rejoining its uptrend to higher prices.” A number of analysts over the past several months have pointed to negative real rates of return as bullish for gold.

Repost from 12-4-2020

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